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06 Feb 12 - Consumer Household News

Upscale Latino Consumers in the US
Between 2000 and 2010 the number of Upscale Latino households more than doubled from 1.3 million to 2.9 million, and grew three times faster than the number of non-Latino Upscale Consumer households. Upscale Latino households account for only 21% of ...

UK families £7900 in debt
Each household paid off an average of around £355 of their unsecured debt in 2011, but UK households remain "among the most indebted in the world" despite three successive years of net repayments, the report said.

Will the next rate cut move the needle?
The question is: Will another rate cut finally help consumers and businesses get out of their funk? So far, there is relatively little evidence that the rate cut has had much of an impact on households, who certainly haven't rushed out to spend the ...

UK Consumer-Spending Slump Hits Retail Sales
Now, in the New Year, reality has bitten again as concerns about jobs, wages and household costs reassert themselves." Weak sales likely reflect consumers' worries about their own personal situation, job security and also the wider UK economy.

Angry energy customers lured back with free gas
By James Hall, Consumer Affairs Editor Rising energy bills have caused tens of thousands of households to switch their gas and electricity accounts from one of the 'big six' suppliers to a smaller, cheaper supplier in recent months.

Freephone number to empower consumers
In other cases finance companies are repossessing vital household items, despite consumers only taking on loans of $1000 or less.

Households £7000 a year worse off
Consumer groups say this will cause a financial nightmare for households already suffering from high energy prices as well as rising fuel, food and insurance costs.

Consumer-Created Doritos Ad Ranked Most-Popular Commercial of Super Bowl XLVI ...
(Daniel Johnson, Missouri Sports Magazine) - The Doritos brand today announced that its consumer-created Doritos commercial “Man's Best Friend,” which aired for the first time nationally during yesterday's Super Bowl XLVI broadcast, ranked No.

Consumers still on strike; Petrol price to fall
It is clear that the Reserve Bank underestimated the conservatism of consumers over the past year. Importantly, the household savings ratio is holding at a 24-year high, and as the Reserve Bank Governor has commented on many an occasion, ...

Retail figures show no joy for Christmas trade
The falls were offset however by rising turnover in clothing, footwear and personal accessory retailing (3.5 percent), department stores (1.1 percent and household goods retailing (0.2 percent). This disparity suggests consumers were being “ultra ...

Inflation's weak boost
First, there was a record net repayment of consumer credit in December, of £377m. This suggests that many households even in tough times want to repay debt, which suggests that perhaps more will do so if they get the chance.

What do women want for Valentine's Day? Electronics
According to a new study from the Consumer Electronics Association (CEA), Women in CE, electronics are a desired purchase among both sexes.

Shrinking household kitty
Inflation for the previous financial year, as measured by the consumer price index, which is what impacts households, was in double digits. Consumer prices rose by 10.5 per cent in 2010-11. The increase was even sharper for the rural sector where the ...

Consumer Payments in the US: Trends Driving the Credit, Debit, and Prepaid ...
Consumers have rejected new debit fees and as they have been deluged with credit card offers, they have quickly switched their product preference from debit to rejuvenated credit cards.

Mississippians' consumer confidence jumps in 4Q
Mississippians' optimism about the economy jumped 10 percent from the third to fourth--and final--quarter of 2011, according to the latest Mississippi Index of Consumer Sentiment featured in the current edition of "Economy Watch.

Leadership Lessons: Inez Moore Tenenbaum, Consumer Product Safety Commission
When Inez Moore Tenenbaum became the ninth chair of the Consumer Product Safety Commission in June 2009, she was greeted by a mandate to issue new industry regulations as well as a backlog of unfinished business.

Retailers in the vice
Two major factors drive consumer spending - the dual role of household savings and private credit, and the wealth effect from asset prices.

Tighter lending rules
She said banks were required to assess potential borrowers' repayment capabilities based on their net instead of gross income; with stricter regulations and more cautious consumer sentiment, the rating agency expected loans growth for the household ...

Biggest Industry Ups And Downs Of 2011
Consumer Staples: This sector includes companies that are primarily involved in consumer products, food and beverages, retail drugs, fast moving consumer goods, household products and personal care. The Consumer Staples Select Sector SPDR Fund showed a ...

Consumer confidence up last month, survey shows
The CCI benchmark gauges public expectations on the stock market, household finances, durable goods, job opportunities, consumer prices and the economic outlook for the next six months. Last month's survey - which polled 2438 people over the age of 20 ...